Omaha-based financial advisor Scott Norvell currently faces recommended disciplinary action. The Financial Industry Regulatory Authority’s (FINRA) records indicate that he operates as a broker with Brokers International Financial Services and as an investment advisor with Brokers Financial under the familiar name of TR Financial. About Scott Norvell’s FINRA Investigation Mr. Norvell’s activities were subject to […]

Understanding the Allegations In a world of complex financial transactions, it’s not uncommon for disputes to arise. One such case involves a customer dispute dated 6/27/2023. The allegations revolve around investment in an alternative product GWG Holdings, which was intended to be a small component of a larger diversified portfolio. So, what went wrong? The

In a world where financial disputes and misunderstandings occur, it’s crucial to understand the allegations at hand. In this case, the claim is that customer accounts were overconcentrated in FNMA (Federal National Mortgage Association) and FMCC (Federal Home Loan Mortgage Corporation) and that these positions were unsuitable for their portfolio. The alleged loss is estimated

Understanding the Allegations and Their Implications Many investors are often confused by the complex nature of financial disputes and allegations. In simple terms, the allegations at hand involve claims that certain accounts were overconcentrated in FNMA (Federal National Mortgage Association, also known as Fannie Mae) and FMCC (Federal Home Loan Mortgage Corporation, also known as